Property profile

0 Vacant Beverly Rd Romulus, MI 48174

OFF-MARKET
Land
1.54 ac lot
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Property summary

AI-generated overview

This exceptional 1.54-acre parcel of land presents a remarkable opportunity for industrial development in Romulus, Michigan. Located on Vacant Beverly Road, in Wayne County, this property boasts an ideal location with convenient access to major transportation routes (specific details not provided). The land is zoned for industrial use, making it perfectly suited for a variety of projects, from warehousing and distribution centers to light manufacturing facilities. The site is currently vacant, offering a clean slate for new construction. This presents a significant advantage, allowing for complete customization to meet specific project requirements. Furthermore, the property's location within Wayne County may qualify for tax credits designed to incentivize new development, potentially reducing the overall cost of the project. The seller is willing to consider build-to-suit options, offering flexibility and collaboration throughout the development process. This is a rare opportunity to acquire a sizable, well-located industrial land parcel in a thriving area. The property's zoning, vacant status, and potential tax incentives combine to create a compelling investment proposition for developers seeking a strategic location in the Romulus, Michigan market. The zip code for this property is 48174. The latitude and longitude coordinates are 42.2601378 and -83.3434973 respectively.

Property profile

Verified
Property type Land
Lot 1.54 ac (67,082 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Vacant Beverly Rd Romulus, MI 48174
Romulus metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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